1250 Boston Post RdGuilford, CT 06437
- Mixed-use properties
- 26,937 SF
Property Details for 1250 Boston Post Rd
- Year built
- 1978
- Construction
- FRAME
- Lot size
- 1.45 AC
- Property size (Sq ft)
- 26,937 SF
- Zone code
- C-3
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- GUIL M:045027A
- APU
- GUILM045027A
Description
This exceptional retail or office opportunity is located within The Shops at Strawberry Hill, a three-building neighborhood shopping center situated at 1250-1310 Boston Post Road in Guilford, Connecticut. The property boasts a total of 26,937 square feet across three buildings, each two stories high, constructed in 1978 and classified as Class B. Units range from a minimum of 700 square feet to a maximum contiguous space of 720 square feet, making it ideal for a variety of businesses. The center sits on 1.45 acres of land and is zoned C-3. Benefit from high visibility and accessibility, with a signalized intersection from Route 1 providing access to the plaza. Experience significant daily traffic exceeding 12,400 vehicles. The lease rate is $16.00 per square foot gross, plus utilities. This is a fantastic opportunity to establish or expand your business in a thriving Guilford location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,453,490
- 6.5%
- $4,110,914
- 7%
- $3,817,278
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,519,588
- Geo Method
- $3,519,588
-
Alternative Use
- Use
- Valuation
- Residential
- $5,097,534
- Hospitality
- $4,669,314
- Educational
- $3,884,814
- Medical
- $4,018,419
- Retail
- $6,043,044
Location Insight
- City
- Guilford
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.2879
- Longitude
- -72.6925
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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